Quarterly report pursuant to Section 13 or 15(d)

Share based compensation (Tables)

v3.4.0.3
Share based compensation (Tables)
3 Months Ended
Mar. 31, 2016
Share based compensation  
Summary of share-based compensation expense included in the consolidated statements of operations

The following table shows the total share-based compensation expense (see below for types of share-based awards) included in the consolidated statements of operations (thousands):

 

 

 

For the three months ended
March 31,

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Research and development

 

$

893 

 

$

964 

 

General and administrative

 

1,181 

 

518 

 

 

 

 

 

 

 

 

 

$

2,074 

 

$

1,482 

 

 

 

 

 

 

 

 

 

 

Summary of the assumptions used to estimate the fair values of the share options granted using the Black-Scholes option-pricing model

 

 

 

For the three months ended
March 31,

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Expected term (years)

 

5 years

 

5 years

 

Expected volatility

 

68% 

 

60% 

 

Risk free rate

 

1.07% 

 

1.09% 

 

Expected dividend yield

 

0% 

 

0%